Replacing student loans with sponsorship

Source: Adam Smith Institute
by Madsen Pirie

“Please excuse me for returning yet again to a solution to the UK student loans system. At present, graduates are burdened with debt that can climb, despite repayments, because of interest charges. It would be difficult for taxpayers to fund student costs, given that it would involve poorer people (for the most part) paying higher taxes so that those less poor could be given access to higher incomes in later life. The money has to come from somewhere, but if not from students themselves or taxpayers, then from whom? The obvious answer is business sponsorship of students.” (04/22/26)

https://www.adamsmith.org/blog/replacing-student-loans-with-sponsorship